Covid-19 Vaccine Appears Effective Against New Coronavirus Strains

A new study provides early evidence that a Covid-19 vaccine might be effective against two new coronavirus strains first identified in South Africa and the UK, despite a concerning mutation, says an article published...

Diana Shipping Inc. Announces Time Charter With Cargill & C Transport

Diana Shipping Inc. announces time charter contracts for m/v Santa Barbara with Cargill and m/v Salt Lake City with C Transport, says a press  release published on their website. Time charter contract with Cargill  Diana Shipping...

 UK Space Agency All Set for Satellite Tracking of Ship Emissions

The UK Space Agency is set to fund a project seeking to track ships' emissions using satellite imagery. A joint project between Redshift Associates and the University of Leicester will be one of five firms receiving funding from the...

Exxon Discloses The Emission Details From Its Product Sales

Exxon Mobil Corp is under increasing pressure from investors and climate change activists. As a result it has reported for the first time the emissions that result when customers use its products such as...

Soaring Container Rates Put European Shippers in Distress

European shippers and freight forwarders call on the EU Commission to intervene in the container sector. Both the stake holders are worried about overheated market seen in the past many months. They feel...

Stranded Seafarers in China Set To Return Home

  Indian sailors stuck in China since June last year, due to the global pandemic, are set to return home. Indian seafarers will reach Chiba Port, Japan on January 14, and after following the...

Baltic Exchange Hits Highest Index in Nearly 3 Months

Baltic Exchange’s main sea freight index jumped 11% on Friday as high Chinese coal demand drove up capesize rates, reports Baltic NewsDesk. Coal demand and Capesize rates The Baltic Exchange’s main sea freight index jumped about...

[Watch] UK Rolls Out Rapid COVID19 Tests for Asymptomatic People

The UK will next week roll out regular rapid testing for people with no Covid-19 symptoms, according to health secretary Matt Hancock. The community testing regime - expanded to cover all 317 local...

HMD Bags AiP for LNG Carrier With Prismatic IMO Type-B Tank

The Korean Register (KR) has awarded Approval In Principle (AIP) for an LNG carrier with a prismatic IMO type-B tank built by Hyundai Mipo Dockyard. The ship is a small to medium-sized LNG...

MISC Bags Delivery of Second VLEC

MISC Berhad has taken delivery of Seri Erlang, its second very large ethane carrier (VLEC) at the Samsung Heavy Industries (SHI) shipyard. Seri Erlang will join its sister vessel, Seri Everest, to transport...